Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant
NSTC.U
NSTC.U was delisted on the 5th of September, 2023.
3 hedge funds and large institutions have $465K invested in Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 0 reducing their positions, and 5 closing their positions.
57% less funds holding
Funds holding: 7 → 3 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
88% less capital invested
Capital invested by funds: $3.83M → $465K (-$3.36M)
Top Buyers
| 1 |
CS
Clear Street
New York
|
+$217K |
Top Sellers
| 1 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$3.11M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$385K |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$80K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.16K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IC
1
IEQ Capital
Foster City,
California
| $249K | – | – | – |
|
|
CS
2
Clear Street
New York
| $217K | +$217K | +21,516 | New |
|
|
DCM
3
Dupont Capital Management
Wilmington,
Delaware
| $42 | – | – | – |
|
|
BCL
4
Bracebridge Capital LLC
Boston,
Massachusetts
| – | -$3.11M | -310,000 | Closed |
|
|
WMSA
5
Weiss Multi-Strategy Advisers
New York
| – | -$385K | -38,456 | Closed |
|
|
GCL
6
Glazer Capital LLC
New York
| – | -$80K | -8,032 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$6.16K | -615 | Closed |
|
|
AA
8
Ancora Advisors
Cleveland,
Ohio
| – | -$1K | -100 | Closed |
|
NSTC.U Hedge Fund Activity: Q1 2023 in Review
3 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTC.U) for Q1 2023, worth a combined $465K — down 88% from $3.83M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NSTC.U and 1 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $217K. The largest seller was Bracebridge Capital LLC, exiting entirely with an estimated $3.11M sold.
- 3 institutional investors held Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTC.U) as of Q1 2023, down from 7 in Q4 2022.
- Funds reported $465K of Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant stock for Q1 2023, down 88% quarter-over-quarter.
- 1 fund opened new Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant positions in Q1 2023 and 5 closed out, a net change of -4 holders.
- The largest Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant buyer in Q1 2023 was Clear Street, an estimated $217K added.
- The largest Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant seller in Q1 2023 was Bracebridge Capital LLC, an estimated $3.11M sold.
Based on aggregated 13F filings for Q1 2023.